24, HEREFORD ROAD, RAVENSHEAD, NOTTINGHAM, NG15 9FJ - £266,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

24 HEREFORD ROAD is a large extended detached house of 145m², built sometime between 1976 and 1982. It was last sold for £266,000 in April 2007, which was around 31% above the average April 2007 detached price in the Gedling local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

24 HEREFORD ROAD Sold Prices

Land registry data shows three sales for 24 HEREFORD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. Two of the three 24 HEREFORD ROAD sales were for above the average price, whilst one was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 17 APR	£266,000	£202,693	31% above HPI
2003 14 APR	£195,000	£167,217	17% above HPI
1998 12 NOV	£72,500	£83,698	13% below HPI

24 HEREFORD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The three 24 HEREFORD ROAD sales between November 1998 and April 2007 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2003 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the April 2007 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 24 HEREFORD ROAD?

24 HEREFORD ROAD is 145m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the largest 40% of detached houses in Ravenshead, based on EPC data. The below chart shows the distribution of detached houses by size in Ravenshead, and where 24 HEREFORD ROAD lies on this distribution: 63% of detached houses are smaller than 24 HEREFORD ROAD, and 37% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

24 HEREFORD ROAD: Plot and Title Map

24 HEREFORD ROAD sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 24 HEREFORD ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 24 HEREFORD ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 24 HEREFORD ROAD?

24 HEREFORD ROAD is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 24 on HEREFORD ROAD.